Business Stories from January 19, 2012 (Change date)
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Des Plaines OKs new bank, tax incentives for warehouse operationJan 19, 2012 11:00 pm - The Des Plaines City Council this week approved a conditional use permit for a new bank with a drive-through window, and tax incentives clearing the way for Warehouse Di...
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Greece hopes for debt relief deal “very soon”Jan 19, 2012 11:00 pm - ATHENS, Greece — Greece is confident a debt relief deal with private creditors that is crucial to avoid default can be reached "very soon," a government spokesman said F...
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Wal-Mart says Sam’s Club CEO leaving the companyJan 19, 2012 11:00 pm - BENTONVILLE, Ark. — Wal-Mart Stores Inc. says Sam’s Club President and CEO Brian Cornell is leaving the company so he can return to the Northeast for family reasons. The...
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Stocks end week on high noteJan 19, 2012 11:00 pm - NEW YORK — IBM and Microsoft drove the Dow Jones industrial average higher Friday after the tech giants reported stronger earnings than analysts expected. Microsoft said...
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Safety agency calls for checks on Airbus A380 wing partsJan 19, 2012 11:00 pm - BERLIN — Europe’s air safety authority told airlines Friday to inspect nearly a third of the world’s A380 superjumbo jets within about six weeks after Airbus found new c...
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TreeHouse Foods forecasts lower 4Q resultsJan 19, 2012 11:00 pm - OAK BROOK — TreeHouse Foods Inc. Friday announced that lower-than-anticipated December sales volumes will result in fourth quarter adjusted earnings. The earnings are ex...
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Novartis MS drug investigated after 11 deathsJan 19, 2012 11:00 pm - LONDON — A multiple sclerosis drug made by industry giant Novartis is under investigation after at least 11 patients taking the medicine died. The drug, Gilenya, was lic...
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Oil slips below $100 as gasoline stocks riseJan 19, 2012 11:00 pm - Oil slipped below $100 a barrel on Friday due to caution over Greek debt relief talks and as signs of weaker gasoline demand tempered hopes of economic recovery in the U...
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GE 4Q profit falls, sales miss estimatesJan 19, 2012 11:00 pm - NEW YORK — General Electric says its fourth-quarter earnings fell 18 percent as sales fell after its sale of its stake in the NBC network. The Fairfield, Conn., industr...
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Official: EU open to Iran talks as embargo loomsJan 19, 2012 11:00 pm - BRUSSELS — The EU’s foreign policy chief says the international community remains open to talks with Iran, even as an EU embargo on Iranian oil seems set to be approved ...
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